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Advice needed: "friend" stole my idea...what to do?

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Re: Advice needed: "friend" stole my idea...what to do?

#11
post #8

Well... 1. Partner with her if possible. 2. Get a lawyer's opinion. There may be legal actions you can take, but I can't provide any advice on this. 3. Build faster and launch faster than her.

I'd go straight to #3. #1 won't work because he trusts her much less than before. #2 isn't bad, but lawyers = $$$ right? and that $$$ and time could be spent doing #3 no?

Re: Advice needed: "friend" stole my idea...what to do?

#12

Back in Jan I went to a person well respected in the startup community (PG knows her) in BOS. She was a friend of a friend, I've known her for years..she previously had a high profile startup that crashed in the dotcom era. I wanted to bounce the idea off her and get her feedback. So I sent a presentation (marked confidential) and followed up with an hour long chat, which was helpful. She moved to the west coast the…

Do you have a working prototype? If not got one out there ASAP, otherwise your startup might die before it starts.

http://www.paulgraham.com/startupmistakes.html 8. Slowness in Launching

Re: Advice needed: "friend" stole my idea...what to do?

#13
Ideas are easy. Execution matters.

You can either do the idea better than she does, or you can start working on another idea. Given that she's outsourcing the development, either one should be feasible.

Suing over ideas is just a waste of effort; the only people who come out ahead in the end are the lawyers.

Re: Advice needed: "friend" stole my idea...what to do?

#14
post #11
post #8

Well... 1. Partner with her if possible. 2. Get a lawyer's opinion. There may be legal actions you can take, but I can't provide any advice on this. 3. Build faster and launch faster than her.

I'd go straight to #3. #1 won't work because he trusts her much less than before. #2 isn't bad, but lawyers = $$$ right? and that $$$ and time could be spent doing #3 no?

And #4: ideas are worthless.

Re: Advice needed: "friend" stole my idea...what to do?

#15
I think you should launch your idea ASAP to compete with hers. Since she's using an off-shore dev team you might be more nimble in execution than she is. It's harder to explain to a bunch of guys over the phone exactly what you need done. I wouldn't advice partnering with her. You wouldn't want such a close business relationship with someone you can't trust.

Re: Advice needed: "friend" stole my idea...what to do?

#17
post #2

If your idea was so simple that a friend could steal AND execute as YOU envisioned, your friend isn't he problem--your idea is.

Lots of people say that, but I don't think it's true. Just because an idea is simple doesn't mean it's a bad or unprofitable idea.

MySpace was a really simple idea, most of which had been done before, just not all on the same site. The reason they were successful wasn't because of the strength of the idea, it was because they got their site out there when the only real competition was Friendster, and since their site relies on network effects for much of its usefulness, it has been difficult for others with the same idea to be successful.

She screwed you over, but I doubt there's much you can do about it except try to beat her. Also, people who do things like that should have to pay with their reputation, but if your idea is too obvious, people will just think you're lame when you tell the story.

Re: Advice needed: "friend" stole my idea...what to do?

#18

Back in Jan I went to a person well respected in the startup community (PG knows her) in BOS. She was a friend of a friend, I've known her for years..she previously had a high profile startup that crashed in the dotcom era. I wanted to bounce the idea off her and get her feedback. So I sent a presentation (marked confidential) and followed up with an hour long chat, which was helpful. She moved to the west coast the…

No post body was provided.

Re: Advice needed: "friend" stole my idea...what to do?

#19
post #7

Back in Jan I went to a person well respected in the startup community (PG knows her) in BOS. She was a friend of a friend, I've known her for years..she previously had a high profile startup that crashed in the dotcom era. I wanted to bounce the idea off her and get her feedback. So I sent a presentation (marked confidential) and followed up with an hour long chat, which was helpful. She moved to the west coast the…

Doesn't help much, but one thing you can do is feel good that you have good ideas. The second thing you can do is launch a competitor immediately. If she's using an outsourcing firm and isn't actually doing the development herself you've got a huge advantage. Use it. I'd be willing to bet that since it was your idea, you have a much better understanding of the problem and how you're solving it than she does. Use that…

I agree: launch a competitor immediately.

Re: Advice needed: "friend" stole my idea...what to do?

#20

Back in Jan I went to a person well respected in the startup community (PG knows her) in BOS. She was a friend of a friend, I've known her for years..she previously had a high profile startup that crashed in the dotcom era. I wanted to bounce the idea off her and get her feedback. So I sent a presentation (marked confidential) and followed up with an hour long chat, which was helpful. She moved to the west coast the…

Everything that's said about ideas being worthless is true most of the time, but not always unfortunately. So... next time don't reveal everything to a potential partner/VC. Keep some important bit of your idea secret. Something that isn't obvious, isn't on the surface, yet important for the implementation.
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